The OP Financial Group is among the leading financial services groups in Finland, serving more than a million customers across the country. Often referred to by its former name, OP-Pohjola, the group offers a wide range of banking, investment, and insurance services. As one of the most trusted banks in the country, it is also a preferred payment services provider for many Finnish casino players.
| Op-Pohjola Summary | |
|---|---|
| Available in | Finland |
| Website | https://www.op.fi/etusivu |
| Connecting bank account to Op-Pohjola | Free |
| Withdrawal balance from Op-Pohjola to your bank account | Free |
| Pay to online merchants | Free for online payments in EUR; fees apply for non-EUR payments |
| Available for deposit | Yes |
| Available for withdrawal | Yes, but it is not the most convenient method for withdrawals |
| Usual deposit time in online casino | Instant |
| Usual withdrawal time from online casino | Usually instant, but in some cases withdrawals might take several hours |
| Live chat | No |
| Telephone support | 0100 0500 for retail customers |
| E-mail support | Online message form |
The group was founded more than a hundred years ago, and over the past century it has established itself as a leader in developing and delivering innovative financial services in Finland and the Baltic region. In 1996, OP eServices was launched as the first online bank in Europe, and in 2006 OP became Pohjola Group plc’s largest shareholder. Several years after that, the OP-Pohjola Group shortened its name to OP. Interestingly, the financial group is composed of approximately 180 cooperative banks and is fully owned by its customers.
In fact, the bank has around 1.4 million owner-customers, as it calls them. The online banking offered by OP remains one of the most preferred electronic payment methods in the country despite strong competition from world-leading credit card issuers and e-wallet providers. This service provides a secure and convenient way for Finnish customers to shop online, pay their bills, and even play slots and other casino games on the Internet. As a casino payment method, OP’s online banking service is very popular, and most Finland-friendly casinos on the web accept it for deposits.
Using OP-Pohjola for Gambling Transactions
In order to use OP’s online banking service for deposits and withdrawals in web-based casinos, players first have to be OP customers. Only Finnish citizens are eligible to register an account, although the bank has a branch in Estonia as well. There, it operates as a corporate bank for large and medium-sized companies and offers no services to individual customers.
Casino players based in Finland can easily apply online for a user account by submitting a simple form with their personal information (personal ID code, current bank, and phone number) and KYC (Know Your Customer) information. They also need to comply with the OP eServices Agreement after receiving a text message stating they have been approved. The bank will send this message within two days, and within a few more days it will also send the account and eServices agreements to the customer’s address, along with a list of key codes.
The key codes are one-time security codes used when the customer logs in to the system, confirms a payment, or signs agreements. The last step is receiving the OP service user identifiers needed for logging in to the online banking account. These user identifiers, as the bank refers to them, are simply the credentials used for logging into the system (username and password).
After moving their funds from the bank they previously had an account with, casino players then need to choose OP’s online bank transfer from the list of available deposit options on the casino’s Cashier page. It may be listed as Online Bank Transfer, Bank Transfer, or OP-Pohjola. Customers will be redirected to the bank’s online platform, where they will need to sign in, specify the amount they wish to deposit into the casino, and confirm the transaction.
The deposited funds will be transferred immediately from the player’s bank account at OP to his or her casino balance. The transfer is instantaneous and the customer is free to play real-money casino games right away. There are no fees charged by the bank for deposits into online casinos, and the financial transaction is completely secure.
Another point that needs clarification is whether OP’s online bank transfer can be used to withdraw your winnings from the gambling site. Most online casinos do not pay out winnings via bank transfer, and even if they do, the bank may cancel the payment. Usually, withdrawals are made through bank wires, cash transfers, checks, or digital wallets.
| Op-Pohjola Gambling Transactions | |
|---|---|
| Supported transactions | Deposits and withdrawals |
| Deposit pending time | Instant |
| Withdrawal pending time | Varies between casinos |
| Additional security | Encrypted HTTPS protocol and an SMS confirmation |
Advantages and Disadvantages
When choosing a good and reliable casino deposit method, players should take several main factors into consideration. One of them is the speed of transactions, and with OP-Pohjola, casino patrons can fund their gambling balances instantly. The depositing process is quite simple and straightforward, and you can start playing in the casino within minutes. Moreover, players use the familiar interface of their own bank and the method they already use for paying bills, shopping, and more.
Indeed, the convenience of these online bank transfers is very important to customers, especially if they have no desire to set up new accounts with other payment processors just for playing casino games online. The OP Financial Group is a widely respected and trustworthy bank, so its services, including online banking, are dependable and reliable. Customers can also enjoy many other perks that come with an OP user account. They can apply for credit and debit cards, make use of OP’s mobile banking option, apply for credit, and more.
Another obvious advantage of using this method for making deposits into online casinos is that the bank charges no fees for these transactions. In contrast, some banks, as well as various credit card issuers and other financial service providers, tend to impose small fees on the customer. Players should know that certain casinos might charge a fee for processing deposits.
The online bank transfers carried out by OP come with high levels of security, which is extremely important at a time when cybercrime rates have increased dramatically compared with only a few years ago. Electronic transactions are associated with various risks such as fraud, stolen funds, and identity theft. This is why many banks, especially those in the Nordic countries, have implemented multiple security policies and tools to increase the safety of each financial transaction. The Finnish cooperative bank is no exception, and in fact it has one of the most sophisticated security systems today.
Advantages and Disadvantages Additional TipsOP-Pohjola also comes with certain weaknesses and limitations that need to be mentioned if we are to be unbiased. Obviously, this is not the ideal payment method for casino gambling, and just like any other option, it has several disadvantages. Of course, some are more crucial than others, and the one that probably creates the biggest obstacle for customers is the long and complex registration process.
Those who do not have a customer account at any of the branches or subsidiaries of the OP Financial Group would need to wait about two weeks before they can use the bank’s online services. This is far too long for most people, especially when compared with other common casino payment methods that do not even require registration, such as prepaid cards. Moreover, casino players who decide to apply for an OP account online rather than in one of the hundreds of local branches of the bank will receive the required documentation by mail. In some cases, the entire registration and verification process could take more than two weeks to complete.
As mentioned above, this payment method is available only to Finnish customers who reside in the country and have a good credit score at the OP Financial Group or at any other bank in Finland. Payments are processed in euros (EUR), and if the transaction is international and not in EUR, additional charges and exchange fees will apply. This may discourage some players from visiting foreign online casinos.
In addition, OP’s online banking service is rarely offered as a withdrawal method at web-based casinos. Players who wish to use their OP eServices to make a deposit will need to choose another way to withdraw their winnings.
| Op-Pohjola Pros | Op-Pohjola Cons |
|---|---|
| Payments are processed almost instantly | Available only in Finland |
| Deposits to online casinos are free of charge | Not very convenient for withdrawing funds |
| Op-Pohjola is a safe and reputable payment solution | A limited number of online casinos employ this payment method |
| Op-Pohjola users can initiate financial transactions via their mobile devices | EUR is the only supported currency |
Fees for Gambling Transactions
Compared with most payment methods offered by online casinos, OP-Pohjola is an affordable way to fund your gambling balance. The registration of the eServices account is free, and there is a monthly fee of up to €2.70 (it could be even lower for some customers). As the main operational currency of OP Bank is EUR, there are no service fees for online transfers in EUR to countries within the European Union. However, the bank charges fees for non-euro payments and for transfers to non-SEPA countries. These fees vary depending on the payee’s country.
For this reason, your deposits into online casinos will be free of charge as long as they are in EUR. In case withdrawals are allowed, they will be subject to a processing fee, but its exact amount will depend on the casino you play at, the country where it is based, and the amount of the withdrawal. In addition, there are also fees associated with using credit and debit cards through OP, but they are separate from the online banking service.
There are also discounts for owner-customers of the bank. For instance, instead of paying €5.45 per month for a current account, OP eServices, and OP-Visa, owner-customers pay only €2.95 per month for the three different products.
| Op-Pohjola Fees | |
|---|---|
| Gambling deposit fee | Deposits in EUR are fee-free |
| Gambling withdrawal fee | A processing fee might apply in case withdrawals via Op-Pohjola are allowed |
| Bank account deposit fee | Free |
| Bank account withdrawal fee | Free |
| Credit/debit card deposit fee | Free |
| Credit/debit card withdrawal fee | €2 and 2.75% of the amount withdrawn |
| Maintenance fee | Up to €2.70 per month |
Processing Times for Gaming Transactions
OP’s online banking facilitates electronic funds transfers (EFT), which are electronic transfers of money through computer-based systems. These transactions are automatic and, therefore, almost instantaneous, whereas bank wires and cash transfers are conducted manually, at least in part. With online banking, there is no intervention by the bank staff, and the only reason for delays is the verification and authorization processes that payments must go through (which are automatic as well).
This is why casino deposits via OP-Pohjola are processed immediately, and players can enjoy real-money games within minutes after confirming the deposit transaction. Of course, in some cases the transfer may take a few hours to reach customers’ gaming balances. The exact processing times vary across different casinos and, once again, depend on several factors such as the country where the casino is based.
| Op-Pohjola Processing times | |
|---|---|
| Gambling deposit time | Instant |
| Gambling withdrawal time | Within a few hours after the payout has been processed by the casino |
| Bank account deposit time | Instant |
| Bank account withdrawal time | Between 3 and 5 business days |
| Credit/debit card deposit time | Instant |
| Credit/debit card withdrawal time | No more than several hours |
Mobile Payments
Known as an innovator in the banking and financial services sector, the Finnish bank group has fully embraced mobile payments and now allows its customers to enjoy most of its products and services directly from their phones or tablets. There are several ways casino players can deposit via OP’s mobile banking. One option is to open the bank’s site directly in the browser of their mobile device. Its design is mobile-friendly, so they can easily sign in, make a deposit, and continue to the casino where they can play real-money games right away.
However, players usually prefer accessing the OP mobile banking service via a native app. The application can be downloaded for free from the App Store, Google Play, and Microsoft Store, and it allows users to make convenient payments, track their transaction history, manage their insurance coverage and investor products, and more. The app is available in Finnish, Swedish, and English.
Using the mobile banking service requires a mobile subscription that allows sending and receiving text messages. In order to use the iOS app, customers need to make sure their device runs on iOS 9.0 (or newer) and that they have an Apple ID. The application also requires Android 5.0 or later, while Windows devices need at least Windows 10.
| Op-Pohjola Mobile Payments | |
|---|---|
| Apple pay | No |
| Google pay | No |
Security at Online Casinos
OP’s online banking service has a vast range of security features designed to prevent data theft, unauthorized access to customers’ bank accounts, and various other risks. The bank’s eServices product is protected by digital encryption and uses an HTTPS connection with TLS (Transport Layer Security) protocols. This guarantees that no third party can access users’ sensitive information such as names, addresses, and bank details.
The one-time key codes provided by the bank add another layer of protection for the customer account and for every financial transaction carried out online. Once casino players register an account with the bank, they receive a list of key codes, and every time they log in, they need to enter one of these codes (chosen at random) alongside their username and password. In order to confirm a payment, whether they pay a bill or make a casino deposit, they also enter one of these codes. The system tracks the number of used codes, and once the customer has only 20 codes left, it sends a new list of key codes.
In addition, the bank sends an SMS after a payment is initiated. It contains all the details of the transaction and, if they are correct, you can proceed to confirm the transfer.
| Op-Pohjola Security | |
|---|---|
| Passcode | No |
| Fingerprint | Yes |
| FaceID | Yes |
| Two-factor authentication | Yes |
| Trusted devices | No |
| IP Restrictions | No |